Top 50 Banking & Financial News Items for General Awareness Section

General Awareness section in IBPS PO Exam assumes great importance and is scoring section too. Particularly, the banking and financial news have a major weightage. With the Main Exam ofIBPS PO 2016 just around the corner, you need to brush up on your financial awareness. If you haven’t already been following the financial awareness capsule, here is a list of the 50 banking and financial happenings of 2016.

China-based New Development Bank gives $250 million funding to Canara Bank for a renewable energy project

Islamic Development Bank to open its first branch in India at Ahmedabad

Unified Payments Interface launched by NPCI

DCB Bank starts India’s first Aadhaar-based ATM

India’s Dinesh Sharma elected to board of directors of AIIB

China’s Xi Jinping launches Asian Infrastructure Investment Bank

World Bank to Support Swachh Bharat Mission with $1.5 billion dollar funding

World Bank approves $250 million loan to support electricity distribution sector reforms in Rajasthan

RBI announces private placement of securities under Uday scheme

RBI cancels recognition of 22 NBFCs

SEBI raises FPI investment limit

Government cancels recognition of Delhi Stock Exchange

India’s first cash giving app ‘CASHe’ launched

Government to allow Pakistani Hindus to buy property and open bank accounts

DBS Bank launches mobile-only bank in India

RBI to issue Rs.1000 banknotes with inset letter R

ICICI launches country’s 1st contactless credit card for SMEs

BRICS Bank to issue first Yuan dominated bonds

RBI introduces a ‘Scheme for Sustainable Structuring of Stressed Assets’

Union Government takes initiative to encourage NRIs to join National Pension System through eNPS

NPCIL gets India’s first nuclear liability policy

IRCTC and SBI join hands to promote UTS and e-ticketing system to ease the service for passengers

Federal Bank partners with Reliance Jio Money

Axis Bank ties up with LIC to extend its insurance cover across India

India approves $318 million loan for Sri Lankan Railways

HDFC and Max Group merge life insurance businesses to create a company worth Rs.67,000 crores

Bangladesh’s Junaid Ahmad appointed as the new World Bank Head in India

Axis Bank and BHU team up for banking courses.

If you want to know more about banking and financial news items and prepare well for the General Awareness section of IBPS PO 2016, you can take help from institutes like TalentSprint. This is one section that you cannot prepare overnight or even over a period of one week. Daily reading of a National newspaper and regular updates from a finance magazine can help you be prepared for the questions in this section.

Individuals work constant to acquire salary. It is critical that one should stay refreshed with money related news all the time so as to develop increasingly and to improve their way of life. More Info